The first phase of the development — a RUB$3.5 billion ($45 million) investment — features a gaming floor measuring 56,000 square feet, three restaurants, and a theater. Guests who preregister online are given 2,000 complimentary rubles ($26) in gaming credit. Casino Shambhala is just the second casino to open its doors in Russia’s Far East…
Yokohama is one of four Japanese cities that have publicly expressed interest in winning one of the country’s three forthcoming integrated resort (IR) licenses. The central government is in the process of finalizing the regulatory conditions that will oversee Japan’s commercial gaming industry. Hayashi said this week that if a local public referendum comes back…
Voters will be asked if they approve of allowing a commercial casino property to come to the area. If the local referendum receives a simple majority, Caesars would be cleared to move forward with its proposed $400 million investment. The Danville City Council previously choose Ceasars as the operator. Caesars says over 100 businesses have…
Las Vegas has always been good at figuring out what works in hospitality and gaming, David G. Schwartz told Casino.org. Schwartz, who has written several books about Las Vegas, is associate vice provost for faculty affairs at the University of Nevada, Las Vegas. If the concept is successful, others might do it,” Schwartz said. “Las…
That’s down 41.9 percent year-over-year. MGM Resorts has laid-off workers across the country. Effective September 1, approximately 18,000 people were officially terminated from the casino giant at its domestic properties. COVID-19 is the primary culprit for the cutbacks. CEO Bill Hornbuckle explains the layoffs are a result of the casino not operating at full capacity….
But whether those flirtations result in credible offers for the iconic venue remains to be seen. As it stands today, Gaming and Leisure Properties (NASDAQ:GLPI) owns the property. Penn National Gaming (NASDAQ:PENN) operates the venue, including the casino and hotel. That scenario came about following a transaction earlier this year. Then, Penn, strapped for cash…
But reports of a $5 million bet on Donald Trump suggest someone has smashed the record for the most money ever staked on a political outcome in a single bet, too. The bet was placed this week at a “private bookmaker” based in Curacao, according to sources who spoke to the UK tabloid The Sun….
The revocation goes into effect on Nov. 18. The ruling can be appealed. In a statement released on Wednesday, the Gambling Commission said it is “not satisfied” it “would have granted” the original gaming license if the company controlled the casino when the application was initially filed. “We … are not satisfied as to the…